Subcortical Surgery Group Inc

Nonprofit profile at a glance

EIN
383933004
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Evanston, IL, USA
Phone
8475704224
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Surgical Specialties Research

Reported finances

Revenue
$154,728
Expenses
$172,073
Assets
$4,711

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Julian E Bailes Jr MD (President)

People named in this filing

  • Gary Gallia MD (Board Member)
  • Jason Cormier MD (Board Member)
  • Analiz Rodriguez MD (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To optimize minimally invasive surgical corridors to the subcortical space through clinical and scientific collaborative research.

What it reported doing in 2024

Conference to encourage continual improvement of safe and effective treatments for patients with subcortical brain pathology through collaboration with all interested individuals and groups, education, and research.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 15
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.1%; rating input score 92
  • Program expense ratio: 82.8%; rating input score 83

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -11.2%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 2.5% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: -6.8% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -14.2% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 92.1% of revenue deployed · 82.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $142K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.